Part 3/10:
On a detailed review, it appears that this increase is linked to significant, non-recurring accounting charges—specifically, impairments to goodwill. Goodwill represents intangible assets like brand value and customer perception, often classified on the balance sheet during acquisitions. When Disney recognizes impairments—such as writing down the value of Marvel, Star Wars, or other properties—it can trigger a substantial impact on reported earnings and tax calculations.